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International Business : Environments and Operations,9780201846188
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International Business : Environments and Operations

by ;
Edition:
8th
ISBN13:

9780201846188

ISBN10:
0201846187
Format:
Hardcover
Pub. Date:
8/1/1997
Publisher(s):
Addison-Wesley

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Summary

John Daniels and Lee Radebaugh share their first hand knowledge of international business through this new edition of their market leading textbook. This textbook thoroughly discusses the differences faced in international environments, the overall strategies that companies can take, and the functional alternatives for operating abroad. Cited as having the widest coverage of all International Business textbooks, Daniels and Radebaugh have added the internationalization process to many chapters a nd have extensively revised the strategy chapters for this edition. To make learning (and teaching!) more interesting this book is overflowing with colorful maps, strong opening and closing cases, and current examples. Available with GLOBE (CD-ROM with electronic Atlas and exercises).

Table of Contents

Part 1 Background for International Business 2(55)
Chapter 1 International Business: An Overview
2(55)
Case: Euro Disney
3(24)
Introduction
8(6)
Modes of International Business
14(5)
External Influences on International Business
19(4)
Evolution of Strategy in the Internationalization Process
23(4)
Countervailing Forces
27(2)
Ethical Dilemmas & Social Responsibility
29(4)
Looking to the Future
33(1)
Summary
33(1)
Case: Blockbuster Video
34(6)
International Business Environment: An Atlas
40(8)
Map Index
48(9)
Part 2 Comparative Environmental Frameworks 57(132)
Chapter 2 The Cultural Environments Facing Business
57(42)
Case: Parris-Rogers International (PRI)
58(29)
Introduction
61(2)
The Concept of Culture
63(3)
Behavioral Practices Affecting Business
66(14)
Reconciliation of International Differences
80(1)
Cultural Needs in the Internationalization Process
81(6)
Ethical Dilemmas & Social Responsibility
87(2)
Countervailing Forces
89(1)
Looking to the Future
90(1)
Summary
91(1)
Case: John Higgins
92(7)
Chapter 3 The Political and Legal Environments Facing Business
99(38)
Case: The Taipan's Dilemma
100(23)
Introduction
103(1)
The Political Environment
104(1)
The Political System and Its Functions
104(1)
Basic Political Ideologies
105(11)
The Impact of the Political System on Management Decisions
116(1)
Formulating and Implementing Political Strategies
117(2)
The Legal Environment
119(4)
Ethical Dilemmas & Social Responsibility
123(3)
Evolution of Legal and Political Strategies in the Internationalization Process
125(1)
Countervailing Forces
126(1)
Looking to the Future
127(1)
Summary
128(2)
Case: Bata, Ltd.
130(5)
Appendix 1 Comparative Measures of Freedom
135(2)
Chapter 4 The Economic Environment
137(52)
Case: McDonald's Corporation
138(27)
Introduction
141(1)
Classifying Economic Systems
142(5)
Classifying Countries
147(7)
Key Macroeconomic Issues
154(11)
Ethical Dilemmas & Social Responsibility
165(12)
Transformation to a Market Economy
168(8)
Adapting to Foreign Economic Environments in the Internationalization Process
176(1)
Countervailing Forces
177(1)
Looking to the Future
178(1)
Summary
178(2)
Case: Pizza Hut in Brazil
180(9)
Part 3 Theories and Institutions: Trade and Investment 189(182)
Chapter 5 International Trade Theory
189(44)
Case: Sri Lankan Trade
190(19)
Introduction
193(2)
Mercantilism
195(1)
Absolute Advantage
196(4)
Comparative Advantage
200(4)
Factor-Proportions Theory
204(2)
The Product Life Cycle
206(3)
Ethical Dilemmas & Social Responsibility
209(14)
Trade Patterns
211(4)
Independence, Interdependence, and Dependence
215(3)
Why Companies Trade Internationally
218(4)
Trade in the Internationalization Process
222(1)
Countervailing Forces
223(1)
Looking to the Future
224(1)
Summary
225(2)
Case: The Cashew
227(6)
Chapter 6 Governmental Influence on Trade
233(45)
Case: United States-Japanese Auto Trade
234(17)
Introduction
237(1)
The Rationale for Governmental Intervention
238(11)
Forms of Trade Control
249(2)
Ethical Dilemmas and Social Responsibility
251(17)
From GATT to WTO
260(6)
International Business Strategy in the Internationalization Process
266(2)
Countervailing Forces
268(1)
Looking to the Future
269(1)
Summary
270(1)
Case: United States-Cuban Trade
271(7)
Chapter 7 Economic Integration and Cooperative Agreements
278(54)
Case: Ford in Europe
279(30)
Introduction
282(5)
The European Union
287(11)
North American Free Trade Agreement (NAFTA)
298(8)
Latin American Integration
306(3)
Ethical Dilemmas & Social Responsibility
309(11)
Asian Integration Efforts
310(2)
African Cooperation
312(2)
Commodity Agreements
314(3)
The United Nations
317(1)
The Environment
318(2)
Countervailing Forces
320(1)
Looking to the Future
320(2)
Summary
322(1)
Case: Crystal Lake Manufacturing--A NAFTA Dilemma
323(9)
Chapter 8 Foreign Direct Investment
332(39)
Case: Bridgestone Tire Company
333(22)
Introduction
335(1)
The Meaning of Foreign Direct Investment
336(3)
The Relationship of Trade and Factor Mobility
339(3)
Motivations for Handling International Business through Direct Investment
342(1)
Market-Expansion: Investments versus Trade
342(5)
Resource-Acquisition Investments
347(3)
Diversification-Oriented Investments
350(1)
Political Motives
351(1)
Buy-versus-Build Decision
352(1)
Advantages of Foreign Direct Investment
353(2)
Ethical Dilemmas & Social Responsibility
355(4)
The Strategy of Direct Investment in the Internationalization Process
356(1)
Direct Investment Patterns
357(2)
Countervailing Forces
359(1)
Looking to the Future
360(1)
Summary
361(2)
Case: Cran Chile
363(8)
Part 4 World Financial Environment 371(72)
Chapter 9 Foreign Exchange
371(37)
Case: Foreign Travels, Foreign Exchange Travails: Excerpts from the Travel Journal of Lee Radebaugh
372(25)
Introduction
374(1)
Terms and Definitions
375(6)
How the Foreign-Exchange Market Works
381(12)
Convertibility
393(1)
Exchange Restrictions
394(1)
The Uses of the Foreign-Exchange Market in the Internationalization Process
395(2)
Ethical Dilemmas & Social Responsibility
397(1)
Countervailing Forces
398(1)
Looking to the Future
398(1)
Summary
399(1)
Case: Ilusion Textiles and the Mexican Peso
400(8)
Chapter 10 The Determination of Exchange Rates
408(35)
Case: The Chinese Renminbi
409(10)
Introduction
411(1)
The International Monetary System
411(3)
Exchange-Rate Arrangements
414(5)
Ethical Dilemmas & Social Responsibility
419(14)
The Determination of Exchange Rates
420(8)
Forecasting Exchange-Rate Movements
428(3)
Business Implications of Exchange-Rate Changes
431(2)
Countervailing Forces
433(1)
Looking to the Future
434(1)
Summary
434(2)
Case: The Japanese Yen
436(7)
Part 5 The Dynamics of International Business-Government Relationships 443(78)
Chapter 11 The Impact of the Multinational Enterprise
443(35)
Case: Foreign Direct Investment in China
444(23)
Introduction
448(1)
Evaluating the Impact of the MNE
449(3)
Economic Impact of the MNE
452(8)
Political and Legal Impact of the MNE
460(7)
Ethical Dilemmas & Social Responsibility
467(3)
The Impact of the Multinational Enterprise in the Internationalization Process
469(1)
Operational Impact of International Business Activities
470(1)
Countervailing Forces
470(1)
Looking to the Future
471(1)
Summary
471(2)
Case: Foreign Real-Estate Holdings in the United States
473(5)
Chapter 12 International Business Negotiations and Diplomacy
478(43)
Case: Saudi Aramco
479(18)
Introduction
483(1)
Governmental versus Company Strength
483(4)
Negotiations in International Business
487(9)
Evolution of Negotiations and Diplomacy in the Internationalization Process
496(1)
Home-Country Involvement in Asset Protection
496(1)
Ethical Dilemmas and Social Responsibility
497(11)
Multilateral Agreements and Settlements: FDI
500(1)
Multinational Agreements: IPRs
501(4)
Role of Public Affairs
505(3)
Countervailing Forces
508(1)
Looking to the Future
509(1)
Summary
510(2)
Case: PepsiCo in India
512(9)
Part 6 Operations: Overlaying Tactical Alternatives 521(133)
Chapter 13 Country Evaluation and Selection
521(47)
Case: Ford Motor Company
522(27)
Introduction
524(2)
Scanning for Alternatives
526(2)
Influential Variables: Opportunities
528(5)
Influential Variables: Risk
533(7)
Business Research
540(6)
Tools for Comparing Countries
546(3)
Ethical Dilemmas & Social Responsibility
549(9)
Diversification versus Concentration Strategies
551(3)
Evaluation of Investment Proposals
554(2)
Geographic Strategy in the Internationalization Process
556(1)
Divestment Decisions
556(2)
Countervailing Forces
558(1)
Looking to the Future
558(1)
Summary
559(2)
Case: Royal Dutch Shell/Nigeria
561(7)
Chapter 14 Collaborative Strategies
568(40)
Case: Grupo Industrial Alfa (GIASA)
569(24)
Introduction
572(1)
Motives for Collaborative Arrangements
573(4)
Types of Collaborative Arrangements
577(11)
Problems of Collaborative Arrangements
588(3)
Collaborative Strategies in the Internationalization Process
591(1)
Managing Foreign Arrangements
592(1)
Ethical Dilemmas & Social Responsibility
593(3)
Countervailing Forces
596(1)
Looking to the Future
597(1)
Summary
598(1)
Case: International Airline Alliances
599(9)
Chapter 15 Control Strategies
608(46)
Case: Nestle
609(28)
Introduction
612(2)
Planning
614(4)
Organizational Structure
618(6)
Location of Decision Making
624(7)
Control in the Internationalization Process
631(2)
Control Mechanisms
633(4)
Ethical Dilemmas & Social Responsibility
637(5)
Control in Special Situations
639(2)
Legal Structures
641(1)
Countervailing Forces
642(1)
Looking to the Future
642(1)
Summary
643(2)
Case: GE's Tungsram Acquistion
645(9)
Part 7 Operations: Managing Business Functions Internationally 654
Chapter 16 Marketing
654(49)
Case: Marks & Spencer
655(30)
Introduction
659(1)
Market Size Analysis
660(4)
Product Policy
664(7)
Marketing in the Internationalization Process
671(1)
Pricing
672(6)
Promotion
678(4)
Branding
682(2)
Distribution
684(1)
Ethical Dilemmas & Social Responsibility
685(7)
Countervailing Forces
692(1)
Looking to the Future
692(1)
Summary
693(1)
Case: Avon
694(9)
Chapter 17 Export and Import Strategies
703(42)
Case: Grieve Corporation
704(29)
Introduction
707(4)
Export Strategy
711(7)
Export Intermediaries
718(5)
Foreign Freight Forwarders
723(3)
Export Financing
726(5)
Countertrade
731(2)
Ethical Dilemmas & Social Responsibility
733(5)
The Import Strategy
735(3)
Countervailing Forces
738(1)
Looking to the Future
738(1)
Summary
739(2)
Case: Sunset Flowers of New Zealand, Ltd.
741(4)
Chapter 18 Global Operations Management and Sourcing Strategies
745(36)
Case: Black & Decker (B&D)
746(21)
Introduction
750(1)
Global Manufacturing Strategies in the Internationalization Process
750(5)
Quality
756(3)
Global Sourcing, Purchasing, and Supplier Relations
759(8)
Ethical Dilemmas & Social Responsibility
767(5)
Inventory Systems
768(3)
Product Design
771(1)
Countervailing Forces
772(1)
Looking to the Future
773(1)
Summary
774(1)
Case: Applied Magnetics Malaysia (AMM)
775(6)
Chapter 19 Multinational Accounting and Tax Functions
781(42)
Case: The Coca-Cola Company
782(23)
Introduction
786(1)
Factors Influencing the Development of Accounting around the World
787(8)
Harmonization of Differences
795(1)
Transactions in Foreign Currencies
796(3)
Translation of Foreign-Currency Financial Statements
799(4)
Performance Evaluation and Control in the Internationalization Process
803(2)
Ethical Dilemmas & Social Responsibility
805(9)
Taxation
806(6)
Non-U.S. Tax Practices
812(2)
Planning the Tax Function
814(1)
Countervailing Forces
814(1)
Looking to the Future
815(1)
Summary
815(2)
Case: Daimler-Benz and a U.S. Listing
817(6)
Chapter 20 The Multinational Finance Function
823(38)
Case: LSI Logic Corp.
824(19)
Introduction
826(1)
The Finance and Treasury Functions in the Internationalization Process
826(2)
External Sources of Funds
828(1)
Eurocurrencies
829(2)
International Bonds
831(1)
Equity Securities
832(4)
Offshore Financial Centers
836(1)
Internal Sources of Funds
837(4)
Financial-Risk Management
841(2)
Ethical Dilemmas & Social Responsibility
843(9)
Financial Aspects of the Investment Decision
851(1)
Countervailing Forces
852(2)
Looking to the Future
854(1)
Summary
854(2)
Case: NCR's Risk-Management Strategy
856(5)
Chapter 21 Human Resource Management
861
Case: Dow's International Management Development
862(29)
Introduction
864(1)
Management Qualifications and Characteristics
865(3)
International Managerial Transfers
868(13)
Management Recruitment and Selection
881(1)
International Development of Managers
882(1)
Human Resource Management in the Internationalization Process
883(1)
Labor-Market Differences
884(2)
Labor Compensation
886(2)
Comparative Labor Relations
888(3)
Ethical Dilemmas & Social Responsibility
891(7)
International Pressures on National Practices
894(1)
Multinational Ownership and Collective Bargaining
895(3)
Countervailing Forces
898(1)
Looking to the Future
899(2)
Summary
901(2)
Case: Office Equipment Company (OEC)
903
Glossary G-1
Company Index and Trademarks I-1
Name Index I-7
Subject Index I-17


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